As the starting point of corporate financial management, invoices are the key basis for accounting and tax filing. In the digital age, how should we issue, receive, and manage invoices? How can we complete work quickly while ensuring accuracy? 01 Invoicing LingShuiTong · Smart Invoice Service Platform: -Supports invoicing for all invoice types including general invoices and special invoices, and allows one-click submission of invoicing requests via mobile; -Enables dual paper and electronic issuance, with electronic invoices sent online and paper invoices providing courier tracking; -The system intelligently splits orders, promptly warns of excess invoicing, and provides multi...
2024-05-14
The State Taxation Administration recently issued the Announcement on Matters Concerning "Reverse Invoicing" by Resource Recycling Enterprises to Individual Sellers of Scrap Products (Announcement No. 5 of 2024 of the State Taxation Administration), clarifying that from April 29, 2024, when individual sellers of scrap products sell scrap products to resource recycling enterprises, eligible resource recycling enterprises may issue invoices to the sellers (referred to as "reverse invoicing"), adding impetus, improving efficiency and optimizing the environment for promoting large-scale equipment renewal and trade-in of consumer goods. How should eligible resource recycling enterprises apply for "reverse invoicing"? Let's learn about it together↓...
2024-05-14
In this era of rapid digital development, business-finance-tax digital transformation is undoubtedly an inevitable move for enterprises to adapt to market trends and enhance their competitiveness. Especially in the new retail industry, due to its refined operating model combining online and offline, it inevitably encounters many challenges such as frequent transactions, diversified channels, and massive data volumes. So, how to build a standardized and intelligent tax management system through digital means to enhance enterprises' core competitiveness and explore new growth paths is crucial for the high-quality development of the new retail industry....
2024-05-13
- Guide to Checking Enterprise Tax Payment Credit Rating - Log in to the "Beijing Municipal Electronic Tax Bureau of the State Taxation Administration": Method 1: 1. I Want to Handle Taxes — Tax Payment Credit. 2. Tax Payment Credit — Taxpayer Credit Inquiry. 3. Tax Payment Credit Status Information Inquiry. Method 2: 1. I Want to Inquire — Tax Payment Credit Status Information Inquiry. 2. Tax Payment Credit — Taxpayer Credit Inquiry. 3. Tax Payment Credit Status Information Inquiry, select the start and end of the assessment year and click "Inquire," and after finding it you can...
2024-05-11
As an advanced version of China Golden Tax Phase III, China Golden Tax Phase IV aims to further strengthen tax collection and administration, effectively curb corporate "tax evasion" behavior, and promote the standardization of enterprise tax management. With the full implementation of China Golden Tax Phase IV, the strictness of tax management has significantly increased, imposing tighter supervision on units that do not comply with relevant regulations. However, for enterprises eligible for deregistration, the deregistration process can still remain efficient and convenient. The main upgrades of China Golden Tax Phase IV cover the following aspects: 1. With advanced technical means such as big data and artificial intelligence, China Golden Tax Phase IV provides...
2024-05-11
Accounting archives refer to various forms of accounting materials, such as text and charts, that a unit receives or forms during accounting and other processes, records and reflects the unit's economic business matters, and have preservation value, including electronic accounting archives formed, transmitted, and stored through computers and other electronic devices. Accounting archives are important original vouchers. They record a unit's fiscal expenditures, reflect a unit's operations, and standardized financial management reflects the standardization of the unit and lays the foundation for the unit's sustainable development. Order No. 79 of the Ministry of Finance and the National Archives Administration, the Measures for the Management of Accounting Archives, sets out...
2024-05-10
The State Taxation Administration recently issued the Announcement on Matters Concerning "Reverse Invoicing" by Resource Recycling Enterprises to Individual Sellers of Scrap Products (Announcement No. 5 of 2024 of the State Taxation Administration), clarifying that from April 29, 2024, when individual sellers of scrap products sell scrap products to resource recycling enterprises, eligible resource recycling enterprises may issue invoices to the sellers (referred to as "reverse invoicing"), adding impetus, improving efficiency and optimizing the environment for promoting large-scale equipment renewal and trade-in of consumer goods. Who are included as individual sellers of scrap products? Are individuals who purchase scrap products and then resell them included...
2024-05-10
The introduction of China Golden Tax Phase IV has brought the tax field into a brand-new era. The popularization of fully digitalized e-invoices has further opened a new chapter in tax governance by data. As the pilot regions for fully digitalized e-invoices continue to expand, the digital transformation of corporate business-finance-tax has become urgent, and the application of fully digitalized e-invoices has become a major task. As an important component of advancing corporate business-finance-tax digital transformation, deepening and expanding tax big data applications, and improving digital and intelligent governance efficiency, the pilot promotion speed and application implementation degree of fully digitalized e-invoices and Leqi affect the long-term development of the digital economy at the data foundation level. As of 202...
2024-05-09
In 2023, China Golden Tax Phase IV went live in 15 pilot cities including Chongqing and Sichuan. As for the number of its risk points, some say more than 300, while others say more than 200. In 2024, China Golden Tax Phase IV will officially go live nationwide, especially regarding enterprises' account conditions for the previous three years. So what are the specific important points? 1. The new electronic tax bureau system is expected to go live in June or August 2024, and some enterprises may already be using it. One of the more prominent points is that finance personnel now need to fill in "...
2024-05-09
In April 2024, the Ministry of Finance revised the Work Specifications for Enterprise Accounting Informatization, the Work Specifications for Computerized Accounting, and the Basic Functional Specifications for Accounting Software, forming the Work Specifications for Accounting Informatization (Draft for Comments) and the Basic Functions and Service Specifications for Accounting Software (Draft for Comments). Among them, "Article 31 (Archiving of Accounting Data)" sets clear requirements for the development of electronic accounting archives: the Ministry of Finance's new rules have accelerated the development of electronic accounting archives. Electronic accounting archives: work efficiency...
2024-05-08
1. Log in to the electronic tax bureau, click I Want to Handle Taxes - Invoicing Business - Blue Invoice Issuance. 2. Click Issue Now, select VAT Special Invoice as the invoice type, select Scrapped Product Acquisition as the specific business, and enter the invoicing page. Note: A friendly reminder will appear at the top of the page; be sure to save the transfer payment voucher for future reference. 2. In the seller information section, fill in the natural person's name, ID document type, and unified social credit code. In the item name section, enter the specific scrapped product name, unit, amount, etc. for recycling, and select the applicable...
2024-05-07
How do I issue a "fully digitalized e-invoice" through the LingShuiTong · Smart Invoice Service Platform? How do I quickly import hundreds of line items for invoicing? How do I reverse an invoice? How do I issue an invoice by scanning a code? How do I issue a fully digitalized e-invoice via mobile phone? 1. How to issue a fully digitalized e-invoice Online invoicing 1. Enter the web version of the LingShuiTong invoice management platform and log in using the enterprise account information bound on the LingShuiTong platform. (Contact Kailing Technology to obtain the account and password for a trial~) 2. Enter the "output invoicing system", click invoice filling, select the invoice type to issue according to the actual situation, fill in the header information (supports automatic population), and submit the invoice. Batch import...
2024-05-06
With the arrival of the digital era, fully digitalized e-invoices have become an indispensable part of daily business operations. However, traditional methods of issuing fully digitalized e-invoices are often a headache. Do you still remember the cumbersome operations through computer web pages every time you issue an invoice? Have you ever felt impatient due to frequent facial recognition authentication? Are you still struggling with invoice delivery? The LingShuiTong mobile invoicing system greatly transforms your invoicing experience, allowing you to complete invoice issuance anytime and anywhere without the hassle of cumbersome operations. Kailing Technology · LingShuiTong Mobile Invoicing Product Advantages 1. No need...
2024-04-30
01 What functions does Leqi have? 1. Invoice types that Leqi can issue. Fully digitalized e-invoices are divided into 22 types, comprising 1 basic version and 21 special invoice types. The 21 special types mainly include civil aviation, railway, tolls, medical outpatient, medical inpatient, agricultural product procurement, photovoltaic procurement, self-produced agricultural product sales, cigarettes, passenger transport, freight transport, real estate operating lease, real estate sales, construction services, rare earth, refined oil, collected vehicle and vessel tax, tractors and combine harvesters, e-cigarettes, motor vehicles, and second-hand vehicles. Among them, the toll invoice issuance function is being coordinated with the Ministry of Transport...
2024-04-29
To implement the spirit of the 20th National Congress on "accelerating the building of a Digital China and accelerating the development of the digital economy" and "promoting the green and low-carbon development of the economy and society," the Ministry of Finance is leading the advancement of institutional reforms related to accounting digitalization and the formulation of accounting data standards. In May 2023, the Ministry of Finance, the State Taxation Administration, and nine other ministries and commissions officially launched the work of deepening the pilot program for electronic voucher accounting data standards. The Ministry of Finance, the State Taxation Administration, and nine other ministries and commissions decided to continue jointly carrying out the work of deepening the pilot program for electronic voucher accounting data standards in 2024. Kailing Technology's electronic accounting archives system has achieved fully digitalized e-invoices, railway electronic...
2024-04-28
Announcement of the State Taxation Administration on Matters Concerning "Reverse Invoicing" by Resource Recycling Enterprises to Individual Sellers of Scrap Products Announcement No. 5 of 2024 of the State Taxation Administration In order to implement the requirements of the Notice of the State Council on Issuing the Action Plan for Promoting Large-Scale Equipment Renewal and Trade-In of Consumer Goods (Guo Fa [2024] No. 7), resource recycling enterprises shall implement "reverse invoicing" to individual sellers of scrap products. The relevant matters are hereby announced as follows: 1. From April 29, 2024, individual sellers of scrap products (hereinafter referred to as sellers) sell to resource...
2024-04-28
Fully digitalized e-invoices are widely praised by taxpayers in pilot regions for their advantages of a simpler invoicing process, fully digitalized invoice information, fully simplified invoice format, automatic invoice delivery, integrated booking and archiving, and simplified red-letter invoice processing. Issuing fully digitalized e-invoices has become an issue of growing concern for finance staff. Unlike traditional tax control invoices, fully digitalized e-invoices have different formats under each specific business type, and the question of how to fill in the remarks column also gives finance staff headaches. There are 5 specific businesses in fully digitalized e-invoices: construction services, goods transport services, real estate sales, real estate operating lease services, and passenger transport services. "Remarks...
2024-04-26
On April 2, the State Taxation Administration issued the "Opinions of the State Taxation Administration on Carrying Out the 2024 'Spring Breeze Action for Convenient Tax Payment'," in which Article (7), "Strengthening the Application of Digital Technology," mentions: leveraging digital technology means, relying on trusted identity systems, electronic license sharing, electronic submission, and other methods to further streamline tax filing materials and improve tax filing efficiency. Accelerate the electronic reform of railway and civil aviation invoices, effectively reduce enterprise bill management costs, and better meet passengers' needs for convenient invoice use. Actively promote the "Leqi" platform, create conditions for eligible group enterprises to connect, and expand self-use, other-use, joint...
2024-04-26
What is "reverse invoicing"? To which situations does it apply? What matters need attention? Let's learn together! 01 What is "reverse invoicing"? Is it a new invoicing method? Generally, the seller (payee) issues an invoice to the buyer (payer), which is the common "forward invoicing"; so-called "reverse invoicing" means the invoice issuance process is opposite to the conventional process, with the buyer (payer) issuing an invoice to the seller (payee). "Reverse invoicing" is not a new thing. Article 18 of the Measures of the People's Republic of China for the Administration of Invoices stipulates that selling goods, providing...
2024-04-25
Recently, the State Taxation Administration issued the "State Taxation Administration's Opinions on Carrying Out the 2024 'Convenient Tax Services Spring Breeze Action'." Key content highlights: 1. Fully promote the launch of the nationwide unified and standardized electronic tax bureau to realize intelligent upgrading of tax and fee services; develop a mobile client for the electronic tax bureau, expand "mobile handling" services, and improve the convenience of precise push, intelligent tax calculation, and pre-filled filing, to better meet personalized tax and fee payment needs. 2. Relying on inter-departmental data sharing, improve the pre-filling function for special additional deductions for major illness medical expenses, provide information pre-filling services for taxpayers, and facilitate...
2024-04-24